RealtyBizNews: Real Estate News
With the latest on mortgages, refinancing, real estate & home tips
Investors and all-cash home buyers accounted for about 19% and 30%, respectively, of all sales in March, according to the National Association of Realtors. That represents a significant share of the market, and some analysts are concerned that as home prices rise, investor and all-cash demand will start to shrink.
Foreign buyers are flocking to the U.S. to snag luxury second-homes, and developers are increasingly looking to cater to the global buyer through the design of their properties.
Buying land from an owner rather than a real estate agent is becoming more commonplace. The Internet has made it relatively easy to find quality property without requiring the once elusive connections of a real estate agent.
As a real estate investor, I’m all about finding the “good deal.” However, for the amount of times the phrase “good deal” is thrown around in real estate investing discussions – many people fail to understand just what constitutes a good deal and end up making mistakes that turn a good deal into a bad deal.
The CEO of Saudi Real Estate Co. (SRECO) told Bloomberg recently his firm is intent on building a housing development in Riyadh estimated to be worth $1.3 billion. According to reports from news outlets and the company, Saudi Real Estate is refocusing on middle-income buyers who can leverage a home shortage there.
It really is possible to raise money from private individuals to fund the purchase of an investment property, or to buy a home to live in. The key is to make the right presentation, and that presentation should be constructed with your potential lender in mind.
According to news from Loyd’s Property Investments group member Company Akroterion, preparations are underway for a new 5 star hotel at the city center of Prague. A long awaited city center luxury redo, the property will add great value to an already priceless city.
With many world real estate markets stagnant or worse, news that Ernst & Young has a report out showing Russia property being more attractive for investors than Europe proper, this is fascinating and disturbing news all at once. Outdistancing the stigma of a cold and mysterious place on Earth, Russia’s potential may finally be shining through.
Two stories about Maine real estate peaked my curiosity today. The first, a bit about Maine real estate tanking by some 21 percent year on year, this one brought to memory the wonderful natural surroundings there. Then news of a luxury sale of Keeper’s House Inn on Isle Au Haut off the coast, made me look closer at seashore bargains along Maine’s wonderful rocky shores. Let me show you a bit of Maine, watch the video below from the Maine Tourism Office before checking out the properties below.
Praxair has recently announced it had agreed to buy NuCO2, one of the top providers of beverage carbonation solutions to the restaurant and hospitality industries in the US. To make this acquisition, Praxair paid $1.1 billion in cash to the company’s owners, private equity firm Aurora Capital Group. NuCO2 employs a staff of 900 who cater [...]
